Streetbeat News

WULF

TeraWulf Inc.

https://www.terawulf.com

Industry

Financial - Capital Markets

TeraWulf Inc., together with its subsidiaries, operates as a digital asset technology company in the United States. It develops, owns, and operates bitcoin mining facility sites. The company operates two bitcoin mining facility sites located in New York and Pennsylvania. TeraWulf Inc. is based in Easton, Maryland.

Open

7.10

Mkt cap

2.8B

Volume

23M

High

7.25

P/E Ratio

-42.24

52-wk high

9.30

Low

6.74

Div yield

N/A

52-wk low

1.01

In Monday's intraday session, several information technology stocks experienced significant movements. Gainers included Signing Day Sports (SGN), Infobird Co (IFBD), Inuvo (INUV), WaveDancer (WAVD), SecureWorks (SCWX), and Movano (MOVE), with increases ranging from 12.7% to 44.9%. Conversely, BTCS (BTCS), Bitdeer Technologies (BTDR), Stronghold Digital Mining (SDIG), TeraWulf (WULF), The9 (NCTY), and SMX (Security Matters) (SMX) were among the losers, with declines between 19.32% and 29.7%.

Portfolio Pulse from Benzinga Insights

January 01, 2024 | 5:30 pm

Fisker Inc. (NYSE:FSR) shares surged over 20% after the company reported a 300% increase in deliveries from Q3 to Q4, with total deliveries around 4,700, primarily of the Fisker Ocean One launch edition. Other stocks also showed significant movement in Friday's mid-day session, with notable gainers and losers across various sectors.

Portfolio Pulse from Avi Kapoor

December 29, 2023 | 6:03 pm

In Friday's intraday trading session, several information technology stocks experienced significant movements. Infobird Co, WaveDancer, and Taoping saw their stocks rise by over 19%, while Bitdeer Technologies, Stronghold Digital Mining, DatChat, TeraWulf, Mawson Infra Gr, and Iris Energy faced sharp declines, with Bitdeer Technologies dropping by 28.2%. These movements reflect notable volatility in the IT sector, with market capitalizations ranging from a few million to over a billion dollars.

Portfolio Pulse from Benzinga Insights

December 29, 2023 | 5:30 pm

Portfolio Pulse from Benzinga Newsdesk

December 29, 2023 | 4:48 pm

Benzinga's Stock Whisper Index highlights five stocks that are gaining attention: TeraWulf (WULF), Coherus BioSciences (CHRS), Cytokinetics (CYTK), Sidus Space (SIDU), and NeoGenomics (NEO). TeraWulf announced a significant expansion in Bitcoin mining capacity and plans for AI computing. Coherus received FDA approval for its Udenyca Onbody device. Cytokinetics' aficamten showed positive Phase 3 trial results, leading to raised price targets by analysts. Sidus Space shared progress on its LizzieSat project and plans for more launches. NeoGenomics faces a legal setback with a court ruling in favor of Natera (NTRA), prohibiting the sale of certain diagnostic kits.

Portfolio Pulse from Chris Katje

December 29, 2023 | 4:04 pm

Global Mofy Metaverse Limited (GMM) shares plummeted by 37.2% after announcing a $10 million follow-on offering. Other stocks also experienced declines, including Canaan Inc., Bitdeer Technologies Group, TeraWulf Inc., Applied Optoelectronics, Inc., and several others. Notably, Hut 8 Corp. received court approval to proceed with mining operations amid Celsius Network's bankruptcy, and Coinbase Global's director sold over 100k shares. Lyft shares dropped after a Nomura downgrade and insider selling by the CAO.

Portfolio Pulse from Avi Kapoor

December 29, 2023 | 3:45 pm

Bitcoin miner stocks, including Marathon Digital Holdings Inc (MARA), have seen a surge in trading volumes, surpassing those of major blue-chip companies like Tesla (TSLA) and Apple (AAPL). This increase is attributed to the anticipation of a spot Bitcoin ETF approval and the upcoming Bitcoin halving event in April 2024. Bitcoin miners are expanding operations, with Marathon Digital purchasing new mining sites and TerraWulf Inc (WULF) reporting a significant expansion. Bit Digital Inc (BTBT) and Bitfarms Ltd (BITF) also announced plans to increase their mining capacities. Bitcoin miners' revenue hit the highest level in 2023 on Dec. 28, according to Blockchain.com data.

Portfolio Pulse from Khyathi Dalal

December 28, 2023 | 10:35 pm

DouYu International Holdings Limited (NASDAQ:DOYU) announced a share repurchase program of up to $20 million of ordinary shares in the form of ADSS, causing its shares to rise by 14.2% to $0.8320. Other stocks experienced significant movements in Thursday's mid-day session, with various companies seeing substantial gains and losses for diverse reasons, including FDA guidance, analyst ratings, public offerings, and patent lawsuit outcomes.

Portfolio Pulse from Avi Kapoor

December 28, 2023 | 6:07 pm

In Thursday's pre-market session, several information technology stocks showed significant movement. LAES led the gainers with a 92.2% rise, while ARBB experienced the largest drop among the losers, declining by 8.2%. Other notable gainers include FKWL, WULF, BTDR, QMCO, and GREE. On the losing side, BTCT, CLSK, KERN, SDIG, and SAI also saw their share prices fall.

Portfolio Pulse from Benzinga Insights

December 28, 2023 | 1:06 pm

In Thursday's pre-market session, several stocks are moving higher despite mixed U.S. stock futures, with the Dow Jones futures down about 40 points. Altice USA, Inc. (ATUS) saw a significant rise of 14.4% after a 12% gain on Wednesday. TeraWulf Inc. (WULF) continued its upward trend with a 10.8% increase following a 30% gain. Nurix Therapeutics, Inc. (NRIX), HIVE Digital Technologies Ltd. (HIVE), and Bit Digital, Inc. (BTBT) all saw pre-market gains, with BTBT rising due to an expansion of its Bitcoin mining fleet and a surge in Bitcoin's price. Cipher Mining Inc. (CIFR) also benefited from the Bitcoin price increase, rising 6.3%. Bilibili Inc. (BILI), Bitdeer Technologies Group (BTDR), and Maxeon Solar Technologies, Ltd. (MAXN) each saw pre-market gains of around 4.9%.

Portfolio Pulse from Avi Kapoor

December 28, 2023 | 10:41 am

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